Litecoin News

Litecoin price is struggling to stay above the $40.00 support against the US Dollar. LTC/USD remains at a risk of a solid downward move towards $35.00. Key Talking Points Litecoin price is facing an increased selling pressure below the $42.00 level (Data feed of Kraken) against the US Dollar. There is a connecting bearish trend […]

Despite attempts of higher highs, sellers are technically in charge. Today, we expect some resuscitation gifting LTC/USD, TRX/USD, IOT/USD and EOS/USD bears another opportunity to sell even if fundamentals are favorable. While others sink, XLM/USD is relatively stable and up one spot to fifth replacing EOS in the top 5. Let’s have a look at […]

Despite attempts of higher highs, sellers are technically in charge. Today, we expect some resuscitation gifting LTC/USD, TRX/USD, IOT/USD and EOS/USD bears another opportunity to sell even if fundamentals are favorable. While others sink, XLM/USD is relatively stable and up one spot to fifth replacing EOS in the top 5. Let’s have a look at...

Latest Litecoin News Its one-step at a time and Litecoin pace is slow but steady. Even as prices drop to record lows printing at a time when Tushar Jain took to twitter thrashing Litecoin, the Founding Director of the Litecoin foundation and the owner of Litecoin.com has a different view of what the seventh most...

Cryptocurrency markets are recovering from their recent mini crash today, Nov. 16, with only Bitcoin Cash (BCH) going against a trend which saw assets gain as much as 4.3 percent in 24 hours. Market visualization. Source: Coin360 The fallout from turbulence over BCH’s controversial hard fork, which occurred Thursday, Nov. 15, appeared not to last, […]

Latest Litecoin News In proof-of-work networks, hash is everything. Because of this, Coinmine is desirous of complete decentralization in line with blockchain dicta. As such, the startup with backing from CoinBase and Arrington Ventures is taking crypto mining to homes as their flagship rig—Coinmine One is power efficient—at 120 watts, easy to use—it has its...

Litecoin price declined further below the $40.00 level against the US Dollar. LTC/USD is currently correcting higher, but it could face sellers near $45.00. Key Talking Points Litecoin price extended declines and spiked below the $40.00 handle (Data feed of Kraken) against the US Dollar. There was a break above a short term consolidation pattern […]

Following yesterday’s widespread and significant drop across the entire cryptocurrency markets, Bitcoin has settled below $5,600, the lowest price it has seen this year, and many altcoins have continued dropping. At the time of writing, Bitcoin is trading down over 8% at its current price of $5,560, recovering slightly from its low point of $5,350,...

The jaws of crypto investors fell to the floor on Wednesday, as cryptocurrencies, such as Bitcoin, Ether, and XRP, plummeted to establish new year-to-date lows. Although some cynics feared this rapid bout of capitulation for months, for many investors, this strong sell-side pressure, which saw BTC fall under $5,800, came straight out of left field....

Litecoin price extended declines below the $50.00 support against the US Dollar. LTC/USD is under a lot of pressure below the $50.00 and $51.00 levels. Key Talking Points Litecoin price extended declines and traded below the $50.00 support (Data feed of Kraken) against the US Dollar. This week’s followed important bearish trend line is still […]

Cryptocurrency traders and investors may be hurting, but that hasn’t stopped regulators from bringing crypto-related criminals to justice. Just recently, a leading financial regulator has brought an Arizona-based man to justice for stealing upwards of $1 million in Bitcoin (BTC) and Litecoin (LTC). CFTC, U.S. Courts Charge Arizona-based Man For Stealing Bitcoin, Litecoin On November […]

With interstellar, blockchain air drop, BancorX and recent Bosch device development, the altcoin ecosystem is vibrant. But, this is yet to translate to meaningful gains. As a matter of fact, LTC/USD could print $30 by the end of the month in stark contrast with smart contracting and IoT platforms as ADA/USD and IOT/USD. Both are...

Bitcoin drifted lower on Tuesday leading to a mixed trading session for altcoins. Most major cryptocurrencies by market capitalization are currently trading sideways, either trading up or down by a marginal percentage. At the time of writing, Bitcoin is trading down 0.5% at its current price of $6,370. It is beginning to gradually drift nearer...

Litecoin price turned bearish below the $52.00 support against the US Dollar. LTC/USD is currently near the $50.00 support with a bearish angle. Key Talking Points Litecoin price failed to recover and declined towards the $50.00 support level (Data feed of Kraken) against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with […]

Still, altcoins are weathering strong headwinds. Other than bullish ADA/USD and XLM/USD, EOS/USD, XMR/USD pairs are stable while LTC/USD could below $50. Needless to say, we are overly positive expectant of loss reversals following 10 months of consecutive lower lows. Let’s have a look at these charts EOS/USD Price Analysis Carbon USD—CUSD, is officially the...

NEM (XEM) is currently trading up nearly 20% as cryptocurrency exchange Coincheck resumes its normal trading activity. NEM’s meteoric price rise comes amidst overall market stability, with Bitcoin (BTC) trading steadily at $6,400, and most altcoins trading up. At the time of writing, Bitcoin is trading at $6,400, recovering from a slight dip into the...

The cryptocurrency market, after reaching all-time highs last year, came crashing down throughout most of 2018. The downward spiral resulted in some cryptocurrencies losing anywhere between 90-100% of the gains made during the previous year. The scene has since then changed, and the market has stabilized to a great extent. As we inch closer towards...

Litecoin price failed to stay above the $51.40 support and declined against the US Dollar. LTC/USD is currently at a risk of more losses below $50.00. Key Talking Points Litecoin price declined recently and broke the $52.70 and $51.40 supports (Data feed of Kraken) against the US Dollar. There is a connecting bearish trend line […]

Even with ball park +75 percent losses from 2017 highs, the altcoin market is ripe for a reversal as XLM/USD and ADA/USD reject lower lows. Meanwhile, EOS/USD and LTC/USD are near important support levels and today could determine short term price trajectory. Let’s have a look at these charts: EOS/USD Price Analysis Back to back...

After days of lower lows and dry fundamentals, Stellar Lumens—XLM/USD, Cardano—ADA/USD and IOTA—IOT/USD pairs are trading within a bullish breakout patterns and likely to print higher as the week close. But still, we shall maintain a bullish outlook on EOS/USD and LTC/USD aware that if the latter find support at $50, odds are prices will...

After failing to stabilize above $6,500, Bitcoin has now fallen into the $6,300 region, and it is becoming increasingly likely that it will test its long-established support level that exists at $6,200. Altcoins also took a hit on Friday after yesterday’s weak day of trading. Bitcoin Drifts Lower, $6,200 Likely to be Defended by Bulls...

If you’re new to cryptocurrency, it might be a bit daunting when making your first investment. After figuring out how to purchase your tokens it can be equally perplexing to decide which tokens you want to buy. You all have heard about Bitcoin, who hasn’t? But then, on the Bitcoin exchange, you find many other … Continue reading "Bitcoin or Altcoins: What Should You Invest In?"

Litecoin price faced an increased selling pressure and declined below $52.70 against the US Dollar. LTC/USD may continue to decline and it could even break the $51.70 support Key Talking Points Litecoin price is currently under pressure below the $53.00 and $52.70 levels (Data feed of Kraken) against the US Dollar. There was a break […]

After solid gains, altcoins are slowing down but not bearish. From the chart we can see that ADA/USD and XLM/USD pairs are trending higher within a bullish break out pattern. At the same time, LTC/USD is down while EOS/USD is flat despite release of EOSIO 1.4.0. Lets’ have a look at these charts: EOS Price […]

After solid gains, altcoins are slowing down but not bearish. From the chart we can see that ADA/USD and XLM/USD pairs are trending higher within a bullish break out pattern. At the same time, LTC/USD is down while EOS/USD is flat despite release of EOSIO 1.4.0. Lets’ have a look at these charts: EOS Price...

After a week of massive gains for multiple altcoins, the market surge has now cooled off and many are trading down over 2%. Just as the market surge was led primarily by Ripple (XRP) and Bitcoin Cash (BCH), they have also been the worst affected by today’s drop. At the time of writing, Bitcoin is...

Litecoin price started a downside correction from the $56.35 high against the US Dollar. LTC/USD is currently trading near important support levels near $52.60. Key Talking Points Litecoin price formed a short-term top near $56.35 and corrected lower (Data feed of Kraken) against the US Dollar. Yesterday’s highlighted two bullish trend lines with support at […]

Even if yesterday’s upsides were limited, altcoins are technically bullish and should print higher as the week come to a close. In that case we expect ADA/USD and XLM/USD traders to buy at spot prices with stops at immediate support. As this prints, EOS/USD, LTC/USD and XMR/USD traders should maintain a neutral position until close...

At this time last year, the cryptocurrency market was gaining upward momentum at a rapid pace. Cryptocurrencies like Ripple (XRP) and Litceoin (LTC) were reaching new all time highs allowing minimal investments to return huge gains. However, what goes up must come down and once these tokens reached their all time highs, the graph began … Continue reading "Litecoin (LTC) – Looking Up"

It’s back to profitability for most altcoins as they register double digit gains. Leading the pack is XLM/USD and ADA/USD trading above important resistance levels. We expect most altcoins to keep expanding throughout this week as they reverse 2018 losses as price action form the foundation of a mega-rally. Let’s have a look at these...

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What is the Litecoin ?

Based on Bitcoin technology, Litecoin is one of the most popular cryptocurrency. Being considered by the most popular Coinbase trading platform.

Created in 2011 by Charles Lee, a former employee of Google, who left the source code of Bitcoin (open source), to develop its own code, Litecoin is a cryptocurrency distributed under free license.

The blockchain on which the Litecoin is based has been improved compared to that of Bitcoin. This has in particular helped to speed up the verification process. This increase the speed of transactions, currently superior to that of its competitors. The transaction fees are much lower than those of Bitcoin. Litecoin is thus particularly intended for daily transactions.

Like Bitcoin and most cryptocurrencies, Litecoin will be produced in a limited number. The emission rate follows a geometric series that halves every 840,000 blocks, eventually reaching 84 million Litecoins.

Litecoin has recently experienced a strong growth, now worth more than 300 euros.